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Increase in Global Lending of MSMEs to Drive the Global Peer-to-peer Lending Market Until 2020, Reports Technavio

Increase in Global Lending of MSMEs to Drive the Global Peer-to-peer Lending Market Until 2020, Reports Technavio

Technavio analysts forecast the global peer-to-peer (P2P) lending market to grow at a CAGR exceeding 53% during the forecast period, according to their latest report. The research study covers the present scenario and growth prospects of the global P2P lending market for 2016-2020. To calculate the market size, the report considers the lending amount through P2P platforms in the Americas, Asia Pacific (APAC), and Europe, the Middle East, and Africa (EMEA).
Technavio analysts highlight the following three factors that are contributing to the growth of the global P2P lending market:

  • Increase in global lending of MSMEs
  • Enhancement of inventory management
  • Borrowers having faster access to credit

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